Statistical Office Reports Surging Salaries in May In May this year, the average gross earnings of full-time employees were HUF 652,000 (EUR 1,657), with average net earnings,... 2024.07.25.
Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
Fuel Prices Crawling Upwards, Government Ready to Intervene Fuel prices are once again above the average prices of neighboring countries, therefore the government will put the issue on... 2024.07.03.
Central Statistical Office: 6,284 Children Born, 9,501 People Died in May In May 2024, Hungary saw 6,284 births and 9,501 deaths, reflecting an 11 percent decrease in births and a 6.2... 2024.06.27.
Real Wage Increase of 13.9 Percent Compared to March In March 2024, the Hungarian Central Statistical Office reported that the average gross earnings of full-time employees reached HUF 658,400... 2024.05.23.
Fuel Prices Remain Continuously Below the Average in Neighboring Countries The recent publication of regional fuel prices by the Hungarian Central Statistical Office (KSH) highlights significant shifts in Hungary and... 2024.05.17.
Drop in Gas Consumption during Heating Season Even without Restrictive Measures There was no need for gas restrictions at either the state or municipal levels last winter, the Communications Department of... 2024.04.22.
Latest Figures Show Budapest Rent Prices Skyrocketing According to the Central Statistical Office (KSH) and the ingatlan.com rent index, rent prices were 11.7 percent higher in the... 2024.04.16.
Tourism Sector’s Growth Fuels Economic Recovery In January 2024, the tourism accommodation sector experienced remarkable growth, with turnover increasing by 11%. This performance exceeded the pre-war... 2024.02.28.
Statistical Office Develops More Accurate Way to Measure Inflation Inflation calculations play a critical role in understanding the economic landscape of any country, and Hungary is no exception. The... 2024.02.19.
Minister of National Economy Says Slowdown in GDP is Temporary In the last quarter of 2023, the Hungarian economy faced challenges with a modest year-on-year growth of 0.4% and stagnation... 2024.02.14.
Analysts’ Insights on Current Economic Landscape Inflation may have fallen into the National Bank's tolerance band for the first time in almost three years in January,... 2024.02.08.
Employment and Real Incomes Surged in Q4 of 2023 Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory... 2024.02.06.
Employment Rate at Historic High at over 4 Million The employment rate in Hungary remains at a historic high, with 4.755 million people employed in the autumn months of... 2024.01.22.
Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
Number of Foreigners Settling in Hungary Has Increased over the Past Decade Lake Balaton is a very popular destination for Germans In ten years, the number of foreigners living in Hungary has... 2023.10.24.
Our Very Own Károly Kocsis Receives Prestigious Prize Dr. Károly Kocsis Minister Antal Rogán, Head of Cabinet of the Prime Minister, awarded the Elek Fényes Prize on the... 2023.08.17.